Germans condemn Danske Bank’s rescue plan
Danske Bank’s infamous ‘New Standards’ plan, which was is supposed to propel the bank back into the Nordic elite, is doomed to failure, according to a German investment bank. In a rather dour analysis, Berenberg Bank said that Danske Bank would be one of the losers of the European future, pointing to the bank’s unrealistic goals to increase equity from the current 3.6 percent to over 12 percent by 2015. According to a Copenhagen Business School professor, Danske Bank’s poor evaluation will affect the bank’s customers negatively in the long run. – Børsen
Skat’s tough taxation draws ire
A number of businesses and financial advisors believe that the tax authority’s relentless hunt for money has gone too far after Skat demanded nearly six billion kroner from software giant Microsoft. In 2012, Skat raised the taxes for multinational companies by a total of 21 billion kroner in 67 cases, both of which are records. John Bygholm from the accountant association, FSR, said that many companies feel like they are being hunted by Skat. – Jyllands-Posten
New reality show under fire
DR’s new reality show, Ultrahuset, which starts tonight on DR Ultra – a new channel aimed at children aged seven to 12 – and features children who have family or school problems, has attracted criticism from child advocates Børns Vilkår. In the show, entitled 'Ultrahuset', six children live together in one house with a camera in the ceiling and in the refrigerator and they talk to each other about their issues in the classroom and with their parents. But Børns Vilkår argues that putting the children on TV could have negative consequences afterwards when the children return to their normal lives – Politiken
Chemical spill in Funen
Firefighters are currently dealing with a chemical spill in Nyborg on the eastern side of Funen. According to reports, the contents of a toppled barrel has corroded several other 200-litre barrels also containing chemicals such as thionyl chloride, hypochlorite solution and a diluted mix of inorganic cyanide. While the full extent of the slip is unknown, firefighters are using special gravel to suck up the chemicals. No one has been injured and the effects of the spill aren't expected to reach residential areas in Nyborg. – Ingeniøren
